Sheffield Wednesday finances and accounts
Sheffield Wednesday turned over £26m in 2023/24 and paid £22m in staff costs, which is 82.8% of everything the club earned.
Revenue by season
What Sheffield Wednesday turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Sheffield Wednesday does not report on its own.
| MEASURE | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 | 2014/15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £26,335,000£26.3m | £19,311,000£19.3m | £16,359,000£16.4m | £11,644,000£11.6m | £20,861,000£20.9m | £22,760,000£22.8m | £25,234,000£25.2m | £23,377,000£23.4m | £22,003,000£22.0m | £14,929,000£14.9m |
| Staff costs | £21,810,000£21.8m | £15,759,000£15.8m | £12,428,000£12.4m | £24,287,000£24.3m | £33,541,000£33.5m | £36,378,000£36.4m | £42,408,000£42.4m | £29,341,000£29.3m | £19,295,000£19.3m | £13,405,000£13.4m |
| Wages and salaries | £19,343,000£19.3m | £14,009,000£14.0m | £10,972,000£11.0m | £21,135,000£21.1m | £30,036,000£30.0m | £32,230,000£32.2m | £37,445,000£37.4m | £25,970,000£26.0m | £17,129,000£17.1m | £11,885,000£11.9m |
| Social security costs | - | - | - | - | - | - | - | £3,265,000£3.3m | £2,016,000£2.0m | £1,420,000£1.4m |
| Pension costs | - | - | - | - | - | - | - | £106,000£106k | £150,000£150k | £100,000£100k |
| Player amortisation | £849,000£849k | £432,000£432k | - | - | £6,041,000£6.0m | £8,638,000£8.6m | £10,960,000£11.0m | £6,171,000£6.2m | £2,984,000£3.0m | £957,000£957k |
| Other operating income | £122,000£122k | £878,000£878k | - | - | - | - | - | - | - | - |
| Cost of sales | £28,591,000£28.6m | £22,945,000£22.9m | £20,832,000£20.8m | £30,360,000£30.4m | £41,715,000£41.7m | £39,792,000£39.8m | £48,938,000£48.9m | £36,199,000£36.2m | £26,253,000£26.3m | £16,727,000£16.7m |
| Other operating costs | £7,125,000£7.1m | £3,714,000£3.7m | - | - | - | - | - | £1,344,000£1.3m | £2,335,000£2.3m | £1,813,000£1.8m |
| Profit on player sales | - | - | - | - | - | - | - | £551,000£551k | £648,000£648k | £1,234,000£1.2m |
| Operating result | -£9,259,000£9.3m | -£6,470,000£6.5m | -£6,357,000£6.4m | -£24,943,000£24.9m | - | - | -£35,418,000£35.4m | -£20,726,000£20.7m | -£9,659,000£9.7m | -£3,916,000£3.9m |
| Pre-tax result | -£10,012,000£10.0m | -£7,242,000£7.2m | -£7,348,000£7.3m | -£25,780,000£25.8m | -£24,084,000£24.1m | £19,084,000£19.1m | -£35,486,000£35.5m | -£20,765,000£20.8m | -£9,755,000£9.8m | -£4,483,000£4.5m |
| Wages to revenue | 82.8% | 81.6% | 76% | 208.6% | 160.8% | 159.8% | 168.1% | 125.5% | 87.7% | 89.8% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Sheffield Wednesday paid £22m against £26m of revenue, so 83p of every pound went back out as pay.
League One revenue
The 14 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Sheffield Wednesday make?
Sheffield Wednesday turned over £26m in 2023/24.
What is the Sheffield Wednesday wage bill?
Sheffield Wednesday paid £22m in staff costs in 2023/24, which is 82.8% of revenue.
Do Sheffield Wednesday make a profit?
Sheffield Wednesday made a pre-tax loss of £10m in 2023/24.
The accounts behind these figures
Company number 02509978. Every set of accounts read for this page.
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
- 2015/16 accounts
Contains public sector information licensed under the Open Government Licence v3.0.